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Taubman Centers Goes 'Dot Com'
With Investment in Virtual Mall

By

Barbara MartinezStaff Reporter of The Wall Street Journal

Updated May 5, 1999 12:01 a.m. ET

REIT.com?

At a conference recently, Mortimer Zuckerman joked that he was adding a "dot com" to the end of Boston Properties Inc., the real-estate investment trust of which he is chairman. It was only in jest, but he echoed the frustration of REIT executives who, until recently, watched as the stocks of profitless Internet companies soared while REIT shares languished.